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alphacostadamos

alphacostadamos
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  • Gold's next big move is down, say some technicians, with the current bounce from the mighty selloff 2 weeks ago a low-volume affair that - if anything - reinforces the negative bias, according to Merrill's MacNeil Curry. "There a tremendous amount of overhead supply from the mid-to-low $1,500s," says Larry Berman, expecting a tight range for now, but eventually a price below $1,300. GLD +1.1%[View news story]
    Tremendous overhead supply is going to turn to tiny overhead supply above $1500 to $1550, if on Friday we have again bad unemployment figures.This time the up jump maybe +$50 to $100.Watch Friday folks.
    Apr 29 01:46 PM | 1 Like Like |Link to Comment
  • As analysts debate where gold prices are headed, what's the metal worth as an investment? A Credit Suisse study says 1% a year since 1900 - a bit higher than Treasury bills, lower than Treasury bonds; stocks have averaged 5.4% during the period. To make matters worse, gold’s volatility is 2.5x that of bills, two percentage points higher than bonds and about two-thirds of stocks. [View news story]
    Gold is the sun on earth.Has many many many lovers....
    Apr 18 09:38 PM | 1 Like Like |Link to Comment
  • Gold: No Need To Panic [View article]
    Gold folks take into consideration this horrible event in Boston.Then think very deeply.And for those following technical analysis i believe it is stupid to sell gold with daily RSI(14) 15~20 never seen before for the last 10 years!
    Apr 17 01:41 PM | Likes Like |Link to Comment
  • Gold Rolls Over After Breaking Key Level [View article]
    Big system guys won very critical battle last friday and smashed the $1530-$1550 floor.Therefore they dominate the war.Because all this 20 ls months coordinated action against gold is a war.Question is how deep they will drive the metal before they will step in to gold and buy it out of super profits made out of bubble stock selling at highs.And only they know when highs is.So they will be delighted that they performed the TOP trade.They,for 3 times in 11 months period deliberately dumped gold at $1800,and simultaneously pushed up the stock buying.So lets wait and find out when we must sell stock calls to finance gold calls buy.Or buy stock puts and gold calls simultaneously.This is a micrography of what big guys will do.Problem is when.Meantime maybe is wise to buy some of the big guys stocks to surely make some money.Since they manipulate the most precious superior asset,they are the bosss!
    Apr 13 06:55 AM | Likes Like |Link to Comment
  • Three Catalysts That Should Boost Gold Price This Quarter [View article]
    System wants gold downfall.Only a sudden dramatic event could reverse sentiment on this plasmatic stocks and bonds euphoria and respectively reverse downtrend for PMs
    Apr 10 02:51 PM | Likes Like |Link to Comment
  • Bad Times For Gold Are Soon To End [View article]
    If last Fridays bad unemployment figures occurred 12~18 months ago,gold could have soared $100~125.Now all gold did is a mini $25 jump witch it hardly preserved today.What does this prove to you?
    Apr 8 05:32 PM | Likes Like |Link to Comment
  • Gold may have had its "last hurrah," says SocGen, expecting $1,375/oz. by the end of the year thanks to an improving U.S. economy bringing with it a stronger dollar and higher interest rates. SocGen also notes the turn in professional sentiment as evidenced by heavy ETF redemptions. GLD -0.9% premarket. [View news story]
    Unfortunately for gold bugs market is undoubtedly fully manipulated in favor of stocks despite any logic argument.The trend is bearish.There for the only chance gold will catch up $1600 again is bad unemployment figures on Friday .Otherwise SocGen maybe right.
    Apr 2 01:50 PM | 2 Likes Like |Link to Comment
  • Russia and South Africa, which together hold ~80% of the world’s platinum-group metal reserves, reportedly plan to create an OPEC-type cartel to coordinate exports. Like OPEC, the two countries would want to be able to create a floor under platinum prices, which would help their important domestic mining industries in terms of profitability and allow them to pay poor and increasingly militant miners better wages. [View news story]
    That maybe means platinum $2000-palladium $1000 soon
    Mar 27 04:44 PM | Likes Like |Link to Comment
  • Gold gets a downgrade at SocGen which says the metal's price is in bubble territory. The downturn which began in October will continue, with the price hitting $1,400 by year's end and falling further in 2014. GLD +0.2% premarket. [View news story]
    I just sorted SocGen
    Mar 21 03:31 PM | Likes Like |Link to Comment
  • Gold gets a downgrade at SocGen which says the metal's price is in bubble territory. The downturn which began in October will continue, with the price hitting $1,400 by year's end and falling further in 2014. GLD +0.2% premarket. [View news story]
    I see many bubbles in the brains of those wise SocGen guys
    Mar 21 03:30 PM | Likes Like |Link to Comment
  • Gold gets a sniff of $1,600, gaining 1% in minutes to $1,596/oz., with traders noting one buyer taking down 5.7K 1-month gold futures contracts as stoking the move. GLD +1% premarket. Silver comes along for the ride, SLV +1.1%[View news story]
    Watch next short term target xaueur 1.240
    Mar 12 11:06 AM | Likes Like |Link to Comment
  • Gold gets a sniff of $1,600, gaining 1% in minutes to $1,596/oz., with traders noting one buyer taking down 5.7K 1-month gold futures contracts as stoking the move. GLD +1% premarket. Silver comes along for the ride, SLV +1.1%[View news story]
    It is a matter of days when all those wise guys who shorted gold below $1.600 will beg to cover back above $1.625
    Mar 12 09:21 AM | Likes Like |Link to Comment
  • CIBC economists believe many of the forces that made gold so attractive appear to be turning over, while expectations for other supportive factors are overdone. They say investors have piled into gold as a hedge by incorrectly buying into the myth that central banks have been printing so much money that inflation is inevitable, "a myth because, in reality, money growth has not been particularly brisk." [View news story]
    Step into gold today.Before its to late.Forget the 1530~1535 support test.When everyone waits to see something it usually never happens.Who can really tell us how many trillions of paper money has been printed all over the world?Who can tell us for sure that golds fair price is not over 5.000 or 10.000?Why should gold collapse instead of fly?
    Feb 22 02:44 AM | Likes Like |Link to Comment
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